LONDON (Reuters) – Banks in countries such as Ukraine and Turkey face a “very high” risk from restrictions on capital…
Tesla China denies media reports of output cut at Shanghai plant
SHANGHAI (Reuters) – Tesla on Monday said media reports which said its plant in Shanghai would cut December output of…
Hungary central bank chief sees 15%-18% inflation in 2023, urges end to price caps
By Krisztina Than BUDAPEST (Reuters) -Hungary’s inflation could be between 15% and 18% next year, the National Bank of Hungary’s…
Spain to lend Airbus 2.14 billion euros for miltary programmes
MADRID (Reuters) -Spain will lend Airbus 2.14 billion euros ($2.26 billion) to help the company to develop its military drone…
Why U.S. airline pilot wages are outpacing global rises
By Jamie Freed (Reuters) -Delta Air Lines has offered a 34% cumulative pay increase to its pilots over three years…
Swiss engineering group ABB fined $4.3 million
ZURICH (Reuters) – Swiss engineering and technology group ABB has been fined 4 million Swiss francs ($4.3 million) by the…
G7 price cap on Russian oil kicks in, Russia will only sell at market price
By Jan Strupczewski BRUSSELS (Reuters) – The Group of Seven price cap on Russian seaborne oil came into force on…
Explainer-Why the U.S. Inflation Reduction Act has Europe up in arms
By Leigh Thomas PARIS (Reuters) – Top European Union officials will use a trade meeting with U.S. counterparts on Monday…
Apple and Amazon resume advertising on Twitter – reports
(Reuters) – Amazon.com Inc and Apple Inc are planning to resume advertising on Twitter, according to media reports on Saturday.…
Will the Fed ‘raise and hold’ rates? Traders bet they will not
By Ann Saphir (Reuters) – Federal Reserve policymakers have all but promised to dial down the pace of their interest…